$BNB

BNB: The Powerhouse Behind Binance

BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem, initially launched in 2017 as an ERC-20 token before migrating to Binance’s own blockchain, BNB Chain. Originally created to offer trading fee discounts on Binance, BNB has since evolved into a multi-purpose digital asset. It is used for transaction fees, staking, DeFi applications, and even real-world payments. With Binance Smart Chain (BSC) enabling fast and low-cost smart contract execution, BNB plays a vital role in decentralized applications (DApps) and NFTs. As one of the top cryptocurrencies by market capitalization, BNB continues to be a key player in the crypto industry, driving innovation and adoption across multiple sectors.